BlackBerry Ltd. (NASDAQ:BBRY) announced its decision not to renew its licensing agreement with T-Mobile US Inc (NYSE:TMUS) to sell its BlackBerry smartphones. Its current contract with the fourth largest wireless carrier in the United States expires on April 25, 2014. BlackBerry Ltd. (NASDAQ:BBRY) shares after opening at $8.16 moved to $8.21 on last trade day and at the end of the day closed at $8.10. Company price to sales ratio in past twelve months was calculated as 0.34 and price to cash ratio as 1.55. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of 13.46%.
Sky-mobi Ltd. (ADR) (NASDAQ:MOBI) represents Chinese companies and also reflects what they do best. The mobile apps company has shown how niche playing can be a profitable venture. Sky-mobi Ltd. (ADR), (NASDAQ:MOBI) shares advanced 6.82% in last trading session and ended the day on $9.40. Sky-mobi Ltd. (ADR), (NASDAQ:MOBI) return on equity ratio is recorded as 5.00% and its return on assets is 4.00%. Sky-mobi Ltd. (ADR), (NASDAQ:MOBI) yearly performance is 405.38%.
Novatel Wireless Inc. (NASDAQ:NVTL) lost 24.2% to close at $2.12 on Friday, aftermissing analysts’ estimates on earnings and revenue in fiscal 4Q 2013 and posting a below-estimates 1Q 2014 guidance. But in my opinion, that was an overreaction that completely ignores the underlying improvements the company has made in several fronts to exit 2014 as a profitable enterprise.Novatel Wireless Inc. (NASDAQ:NVTL) shares moved up 9.66% in last trading session and was closed at $1.93, while trading in range of $ 1.72 – 1.93. Novatel Wireless Inc. (NASDAQ:NVTL) year to date (YTD) performance is -18.57%.
An investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on Oi SA (ADR) (NYSE:OIBR), Eldorado Gold Corp. (NYSE:EGO), Radian Group Inc (NYSE:RDN). Oi SA (ADR), (NYSE:OIBR) weekly performance is -13.33%. On last trading day company shares ended up $1.30. Oi SA (ADR), (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -18.20%. Analysts mean target Price for the company is $2.83.